Best Crypto Exchanges in Saudi Arabia

Finding a reliable crypto exchange in Saudi Arabia is essential for safely buying, selling, and trading digital assets like Bitcoin (BTC), Ethereum (ETH), and stablecoins. Many exchanges support local payment methods, offer low fees, and ensure high security.

Logo of Rain
Enjoy a 10% rebate for the first 30 days of trading with Rain
Logo of Kraken
Sign Up and Trade to be eligible for $10 BTC Reward
Need a Site Review?
We'd love to review your site and put it up here.
Get in touch, now!

Top Crypto Exchanges in Saudi Arabia

Rain Review

Rain is a pioneering licensed crypto exchange founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy with the vision to create a fully regulated crypto asset platform in the Middle East. The company built its reputation by joining the Central Bank of Bahrain’s regulatory sandbox program, which allowed it to develop a compliant framework and establish a secure environment for crypto trading. Rain’s early adoption of strict regulatory measures set the standard for trust and transparency in digital asset management.

In 2019, Rain emerged as the first licensed crypto-asset service provider in the region, proving its commitment to regulatory excellence and customer protection. This milestone not only cemented its status as a trusted crypto exchange but also showcased its dedication to maintaining high compliance standards. Users looking for a secure and reliable crypto trading platform find Rain’s robust regulatory framework and clear focus on transparency highly appealing.

Expanding its reach, Rain Trading Limited secured a Financial Services Permission from the Abu Dhabi Global Market’s Financial Services Regulatory Authority in 2023, enabling the platform to offer brokerage and custody services in the UAE. Operating in 10 countries and offering over 45 coins, Rain has established itself as a comprehensive crypto trading platform that caters to a diverse range of digital asset needs. Its strategic expansion underscores its commitment to regulated crypto services and broad market accessibility.

Rain stands out by offering advanced trading tools designed to meet the needs of both novice and seasoned traders. With features such as Rain Pro, the platform provides stop and limit orders, detailed charting, and access to over 300 trading pairs including USDT, ensuring an optimal trading experience. The seamless integration with local banks for deposits and withdrawals further enhances its reputation as a premium, user-friendly crypto exchange.

Dedicated to driving crypto adoption, Rain places a strong emphasis on customer security and support. The platform employs best-practice security measures, including a robust offline cold storage system, to safeguard digital assets from potential cyber threats. Coupled with 24/7 multilingual customer support, Rain continues to make crypto assets accessible and trustworthy, reinforcing its mission to deliver secure and regulated crypto trading services across the Middle East and beyond.

Perks
  • Licensed and regulated by the Central Bank of Bahrain and ADGM FSRA for trusted crypto trading
  • Bank-grade security with proprietary offline Cold Storage to safeguard digital assets
  • Advanced trading tools featuring over 45 coins and 300+ trading pairs including USDT
  • Seamless local bank integration for quick and secure deposits and withdrawals
  • 24/7 multilingual customer support offering responsive, human assistance
  • Supported cryptocurrencies

    300+

    Year launched

    2017

    Welcome bonus
    Welcome bonus

    Enjoy a 10% rebate for the first 30 days of trading with Rain

    Start Trading
    Kraken Review

    Kraken is an ETH exchange known for its strong security protocols and wide range of supported digital assets. As a centralized platform, Kraken offers a dependable and efficient trading experience, making it a favored choice among both beginner and seasoned traders. One of Kraken's primary advantages is its extensive selection of cryptocurrencies. Users can trade Ethereum along with a vast array of altcoins, providing ample opportunities for portfolio diversification. This broad selection allows users to explore numerous investment opportunities and effectively manage their crypto holdings. Kraken's user-friendly interface enhances the trading experience by making navigation simple and intuitive. Whether managing accounts, executing trades, or exploring advanced features, users will find the platform easy to use and accessible. Beyond standard trading, Kraken offers several ways for users to earn. The platform supports Ethereum staking, enabling users to earn rewards by locking up their tokens. Kraken also provides options for margin and futures trading, allowing users to leverage their positions for potentially higher returns. Additionally, users can stake Kraken's native token, KRAK, to gain extra rewards and benefits. Kraken places a high priority on security with advanced measures such as two-factor authentication and encryption techniques to protect user assets. The platform also supports multi-chain trading, enhancing accessibility and allowing users to trade across different blockchain ecosystems. Overall, Kraken blends versatility, security, and user-friendly features to deliver an outstanding trading experience.

    Perks
  • High liquidity, ensuring fast and efficient trades
  • Strong security measures
  • Wide asset selection
  • User-friendly interface
  • Ethereum staking rewards
  • Margin and futures trading
  • Supported cryptocurrencies

    200+

    Year launched

    2011

    Welcome bonus
    Welcome bonus

    Sign Up and Trade to be eligible for $10 BTC Reward

    Start Trading
    Buy crypto
    Sell crypto
    I want to buy
    BTC
    Bitcoin(BTC)
    How much?

    Is Crypto Trading Legal in Saudi Arabia?

    Cryptocurrency trading is not officially regulated in Saudi Arabia, but residents can legally buy, sell, and trade digital assets. The Saudi Arabian Monetary Authority (SAMA) has warned against risks but has not banned crypto exchanges or transactions.

    Key Considerations:

    • Crypto trading is accessible – No government restrictions on buying or selling Bitcoin and altcoins.
    • No local regulations yet – The Saudi government is exploring regulatory frameworks.
    • Use trusted platforms – Ensure exchanges comply with international security standards.

    Crypto exchanges in Saudi Arabia allow users to access global markets while ensuring safe transactions.


    Best Crypto Exchanges in Saudi Arabia

    Top Cryptocurrency Exchanges Available in Saudi Arabia

    ExchangeFeaturesBest ForVisit
    BinanceLow fees, P2P trading, high liquidityBest for all tradersVisit Binance
    BybitDerivatives & spot trading, high securityAdvanced tradersVisit Bybit
    OKXWide asset selection, DeFi integrationDeFi & NFT usersVisit OKX
    BitOasisLocal payment methods, regulated in UAEBest for beginnersVisit BitOasis
    KrakenStrong security, easy fiat depositsSecure BTC tradingVisit Kraken

    These crypto exchanges offer reliable and secure trading for users in Saudi Arabia.


    How to Buy Bitcoin in Saudi Arabia

    1. Choose a Trusted Exchange – Pick a platform that supports Saudi traders.
    2. Sign Up & Verify Identity – Complete KYC verification if required.
    3. Deposit Funds – Use local or international payment methods.
    4. Buy Bitcoin or Other Crypto – Select BTC, ETH, USDT, or other assets.
    5. Withdraw to a Secure Wallet – Store your crypto in a non-custodial wallet for safety.

    Buying crypto in Saudi Arabia is simple and accessible with the right exchange.


    Payment Methods for Buying Crypto in Saudi Arabia

    Available Deposit & Withdrawal Options:

    • Bank Transfers – Some exchanges support SAR deposits via international wire transfers.
    • Credit/Debit Cards – Buy crypto instantly using Visa & Mastercard.
    • P2P Trading – Purchase Bitcoin directly from local sellers with Saudi-friendly payment options.
    • E-Wallets & PayPal – Some exchanges accept alternative payment methods.

    Using trusted payment methods ensures secure and hassle-free crypto transactions.


    Why Choose a Crypto Exchange in Saudi Arabia?

    Key Benefits:

    • Access Global Crypto Markets – Trade Bitcoin, Ethereum, and hundreds of altcoins.
    • Buy & Sell Crypto Securely – Use exchanges with strong security measures.
    • Competitive Fees – Find exchanges with low trading and withdrawal fees.
    • P2P & Local Payment Options – Use methods that work in Saudi Arabia.
    • Fast & Reliable Transactions – Get instant trades and withdrawals.

    A crypto exchange in Saudi Arabia ensures safe, fast, and affordable digital asset trading.


    How to Secure Your Crypto Holdings

    Best Security Practices:

    1. Use a Non-Custodial Wallet – Store Bitcoin in a secure, self-custodial wallet.
    2. Enable Two-Factor Authentication (2FA) – Protect exchange accounts from unauthorized access.
    3. Verify Withdrawal Addresses – Always double-check before sending crypto.
    4. Avoid Phishing Scams – Only use official exchange websites and apps.
    5. Use Cold Storage for Large Holdings – Hardware wallets keep assets safe offline.

    Following these security measures ensures maximum protection for your crypto assets.


    Conclusion – Trade Crypto Securely in Saudi Arabia

    A crypto exchange in Saudi Arabia provides safe and easy access to Bitcoin, Ethereum, and other cryptocurrencies. Whether you're a beginner or advanced trader, choosing the right exchange helps minimize risks, reduce fees, and maximize profits.

    Ready to trade crypto in Saudi Arabia?

    Sign up for a trusted exchange, deposit funds, and start buying and selling Bitcoin today! 🚀🔐📈

    Is Crypto Trading Legal in Saudi Arabia?Best Crypto Exchanges in Saudi ArabiaHow to Buy Bitcoin in Saudi ArabiaPayment Methods for Buying Crypto in Saudi ArabiaWhy Choose a Crypto Exchange in Saudi Arabia?How to Secure Your Crypto HoldingsConclusion – Trade Crypto Securely in Saudi Arabia

    About the Author

    B.Chad

    Active in technology and gaming since 2006.

    [email protected]